Scherr Named Goldman CFO in Big Reshuffle
Incoming CEO David Solomon adds Goldman veteran Stephen Scherr to his team as he prepares for the challenge of succeeding Lloyd Blankfein.
Trading Revenue Drop Hurts Goldman Profit
“We underperformed this quarter,” new CFO R. Martin Chavez says as the firm reports its first earnings miss since the fourth quarter of 2015.
Fixed-Income Trading Boosts Goldman Results
“We've come out of a very low volume, low volatility environment over a number of years," CFO Harvey Schwartz says.
Goldman Sachs Posts 58% Increase in Profit
The firm's surprisingly strong third-quarter results were fueled by a 17% increase in revenue from its trading and investment-banking core.
Goldman, JPMorgan Planned Private Rescue of AIG
It never happened, of course. But AIG's former CEO Maurice Greenberg believes the federal government didn't have the authority to step in.